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20121006
20121014
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cellphone maker softbank is considering taking a 75% stake in sprint. sprint has been in deep debt for the last seven years. softbank is one of japan's biggest cellphone makers. sprint closed at $5.76 on thursday. ending benefits for retirees is the latest plan by kodak to emerge from bankruptcy. health, life, survival and dental insurance will all stop by the end of the year for 25,000 employees with a judge's approval. kodak would wipe a reported $1.2 billion in obligations off its books. in exchange, the company would give the retiree committee an estimated $7.5 million or possibly more to cover some costs. more companies are taking the plunge into public territory. ipo activity has risen 5.4% this year. this week, real estate giant realogy, owner of coldwell and century 21, debuted on the markets. it's the largest real estate ipo ever, and yesterday shares began trading on the higher end of the ipo price range. meanwhile, online photo site shutterstock priced in at 17 dollars, exceeding its 13- to 15-dollar range. intercept pharmaceuticals also priced in yesterday, at 15 dollar
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